Financial Services Will Be Transformed by Technology, Says Credit Suisse Ex-CEO Brady Dougan

The video discusses the complexities of managing risk in large financial organizations, highlighting the importance of focus and understanding. It reviews regulatory responses to the 2008 financial crisis and their impact on risk management. The conversation shifts to the transformative role of fintech and digital technology in financial services, emphasizing the need for banks to adapt. The discussion concludes with the challenge of balancing human judgment and technology, using the analogy of chess to illustrate the synergy between the two.

How can financial institutions leverage data analytics to improve their services?

What is the significance of having both technology and human judgment in risk management?

What are the potential consequences of not adapting to technological advancements in banking?